Term
1. Agricultural Revolution
The Agricultural Revolution led to inventions such as the Cotton Gin. |
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Definition
a significant change in agriculture that occurs when there are discoveries, inventions, or new technologies that change production
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2. Bourgeoisie
The Bourgeuisie are well educated. |
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Definition
the people in a society who are rich, educated, own land etc, according to Marxism
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3. Capital
The Capital often represents money and is important when starting a business. |
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Definition
money or property, especially when it is used to start a business or to produce more wealth
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4. Capitalism
Capitalism belongs to the majority of private owners. |
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Definition
an economic and political system in which businesses belong mostly to private owners, not to the government
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5. communism
Communism does not allow individuals to own land. |
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Definition
a political system in which the government controls the production of all food and goods, and there is no privately owned property
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6. crop rotation
To preserve the nutrientsin soil which helped grow crops, farmers would use crop rotation. |
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Definition
the practice of changing the crops that you grow in a field each year to preserve the good qualities in the soil
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7. economy
A country produces money and goods through the economy. |
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Definition
the system by which a country's money and goods are produced and used, or a country considered in this way
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8. factors of production
To produce items such as goods, factors of production isimportnt because they contribute to the creation of the itema. |
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Definition
a collection of various resources which contribute to producing goods or services, which fall into three main groups - land, labor, and capital
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Term
9. Laissez Faire
Laissez Faire believed that private buisinesses should not have any control from the states. |
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Definition
the principle that the government should allow the economy or private businesses to develop without any state control or influence
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Term
10. Industrialize
When the Industrial Revolution started, countries began to industrialize. |
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Definition
when a country or place develops a lot of industry
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Term
11. Industrial Revolution
In Europe, the Industrial Revolution took place during the 18th and 19th century. |
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Definition
the period in the 18th and 19th centuries in Europe and the USA when machines were invented and the first factories were established
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Term
12. Natural Resource
Natural Resources exist in narure and are not man made. |
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Definition
things that exist in nature and can be used by people, for example oil, trees etc
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Term
13. Proletariat
Workers who have jobs in factories and earn wages are known as Proletariat. |
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Definition
the class of workers who own no property and work for wages, especially in factories, building things etc - used in socialist writings
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14. socialism
Socialism is when large industries are owned by government, but in the endit helps the poorer citizens. |
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Definition
an economic and political system in which large industries are owned by the government, and taxes are used to take some wealth away from richer citizens and give it to poorer citizens
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15. Subsistence
Many people were subsistence buring the Industrial Revolution. |
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Definition
the condition of only just having enough money or food to stay alive
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16. Textile
Textile is produced in large quantities. |
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Definition
any type of woven cloth that is made in large quantities, used especially by people in the business of making clothes etc
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